1509 W Florence Avenue
Los Angeles, CA, 90047
$899,000
Beds
0 Baths
SqFt
0.11 Acres
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Great development opportunity near the Hollywood Park entertainment complex, SOFI stadium and the Florence/Crenshaw Metro Line. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Zoned LAC2, TOC Tier 1, ED1 Eligible. Adjacent parcel also for sale at 1513 W Florence Blvd. Bringing total lot area to 11,246. Property consists of two separate buildings. A 1412 sq ft front building and a 876 sq ft rear building. The property addresses are 1509,1511 and 1511 1/2. All information provided deemed reliable but not guaranteed. Buyer and buyers agent to verify all information with the city and county zoning and planning for accuracy. Some alterations to the units were done without permit. Check with the city to satisfy any questions or concerns.

Property Details

Price:
$899,000
MLS #:
24404562
Status:
Active
Baths:
0
Address:
1509 W Florence Avenue
Type:
Residential Income
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Jun 16, 2024
State:
CA
ZIP:
90047
Lot Size:
4,820 sqft / 0.11 acres (approx)
Year Built:
1937
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1509 W Florence Avenue
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